Cases
Avon Products, Inc. (NYSE: AVP)
Merger
Overview
Overview
- Date:
- 5/23/2019
- Company Name:
- Avon products, Inc.
- Stock Symbol:
- AVP
- Company Name - Buyer:
- Natura & CO
- Status:
- Filed
- Merger Announcement Date:
- 5/22/2019
NEW YORK, May 23, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Avon Products, Inc. (NYSE: AVP) on behalf of Avon shareholders concerning the proposed acquisition of the company by Natura & Co.
Pursuant to the proposed transaction, announced on May 22, 2019 and valued at $3.7 billion, Avon shareholders will receive 0.300 shares of Natura for each share of Avon common stock owned. The investigation focuses on whether Avon and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Avon shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on May 22, 2019 and valued at $3.7 billion, Avon shareholders will receive 0.300 shares of Natura for each share of Avon common stock owned. The investigation focuses on whether Avon and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Avon shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.